Unbox Robotics has raised $28 million (INR 243 crore) in a Series B funding round led by ICICI Venture and Redstart Labs (Infoedge), with co-investment from F-Prime, 3one4 Capital, Navam Capital, Force Ventures, and other existing backers. The round included a mix of primary and secondary capital, and the company said the transaction also created meaningful employee liquidity through its ESOP program.
The Pune-based supply chain robotics company plans to use the proceeds to strengthen its leadership and engineering teams, accelerate new product development, and expand its market presence across India and select international markets. Unbox Robotics builds modular robotic automation for intralogistics, combining proprietary swarm-intelligence software with modular 3D robotic sortation hardware designed to coordinate fleets of robots and scale throughput with minimal fixed infrastructure.
Unbox said it has built a growing customer base across India, Europe, and the U.S., serving e-commerce, retail, and third-party logistics operators. The company also noted it has achieved more than 5x year-on-year growth and is profitable, positioning the new capital as fuel to scale deployments and broaden product capabilities as demand for warehouse automation increases.
KEY QUOTES:
“This funding is an important milestone for Unbox Robotics. The continued support of our existing investors and the addition of ICICI Venture as our lead investor and F-Prime joining the round from the US, strengthens our ability to scale faster. With over 5x year-on-year growth and profitability, we’re now doubling down on scaling our products across key global markets. We plan to use this capital to build a world-class team, accelerate new product development, and expand our presence across key markets as demand for warehouse automation continues to grow.”
Pramod Ghadge, Founder & CEO, Unbox Robotics
“We are pleased to partner with Unbox Robotics at this stage of their growth. The company has demonstrated strong execution, differentiated technology, and a clear understanding of customer needs in the logistics and intralogistics automation space. We believe Unbox Robotics is well positioned to play a leading role in enabling efficient, scalable warehouse operations in India and globally.”
Sharad Malpani, Director, ICICI Venture and Co-Head, IVen Amplifi Fund
“Unbox Robotics has demonstrated a clear ability to translate insight-led technical innovation into meaningful commercialization. As the company enters its next phase, we look forward to supporting its continued progress.”
Vibhore Sharma, Director, Redstart Labs (Infoedge)
“Unbox Robotics is one of the leading robotics companies emerging from India to provide best-in-class solutions to the global market. We’ve been consistently impressed by their innovative products, relentless execution, and their ability to deliver proven high-ROI solutions to some of the most demanding customers in the world. We are excited to partner with the team on their next phase of growth.”
Sanjay Aggarwal, Venture Partner, F-Prime
